The firm had a net profit of Rs 308.50 crore in Q1 of FY 2008.
The company, which just announced its decision to merge with regional operator Spice Communications, said its EBIDTA, profit before tax and PAT were negatively impacted by Rs 29 crore due to the expiry of the period of 2 per cent concession in license fee for seven areas, Idea Cellular said in filing to the Bombay Stock Exchange.
During the quarter, the company also witnessed a forex loss of Rs 15.20 crore, against a gain of Rs 32.90 crore in the corresponding period a year-ago.
The total revenue rose to Rs 2,178.10 crore in the latest quarter, from Rs 1,477.50 crore in the same period a year-ago.
Idea ended the quarter with a subscriber base of 27.19 million in its operations in 11 circles and a market share of 9.6 per cent.
Shares of Idea Cellular closed at Rs 87.65, down 3.84 per cent on the BSE.
